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Re: mick post# 935

Monday, 11/21/2022 9:47:01 AM

Monday, November 21, 2022 9:47:01 AM

Post# of 956
Charts don't matter.

The balance sheet and cap structure shows that this management team did a toxic financing which means the stock will go down. That is 100% sure to occur because toxic financings benefit the financier because the stock is given by the company to the financier at a discount to market.

The financier sells the stock, even at a lower price than the market and they guarantee themselves a profit.

That is how and why you see 0001 a share price for some stocks.


Another reason this stock will go down is because I once spoke to the CFO - he was is stupid he has no right being an officer of a public company.

I am guessing that he is an accountant and the CEO hired him to be a figurehead.

Anytime a CFO is stupid you get stupid decisions and then the stock goes down.
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